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Hemostats and Tissue Sealants - Global Market Trajectory & Analytics

  • ID: 5028053
  • Report
  • April 2021
  • Region: Global
  • 227 pages
  • Global Industry Analysts, Inc
Global Hemostats and Tissue Sealants Market to Reach $4.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Hemostats and Tissue Sealants estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 7% over the period 2020-2027. Topical hemostats, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$3.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Adhesive and Tissue Sealants segment is readjusted to a revised 6.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $898.7 Million, While China is Forecast to Grow at 6.5% CAGR

The Hemostats and Tissue Sealants market in the U.S. is estimated at US$898.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$852.5 Million by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.

Select Competitors (Total 41 Featured):
  • Advanced Medical Solutions Group PLC
  • B. Braun Melsungen AG
  • BARD, A Becton, Dickinson Company
  • Baxter International, Inc.
  • Cardinal Health, Inc.
  • Cohera Medical, Inc.
  • CryoLife, Inc.
  • CSL Behring LLC
  • Ethicon US, LLC
  • HyperBranch Medical Technology, Inc.
  • Integra Lifesciences Corporation
  • Smith & Nephew PLC
  • Teijin Pharma Ltd.
  • Tissuemed Ltd.
  • Vascular Solutions, Inc.
  • Vivostat A/S
  • Z-Medica, LLC
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession

  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown